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Spotify HiFi: Why it is a Big Deal and What it Means for the Consumer Audio Market, New Report from Futuresource Consulting

This announcement is significant. Spotify has been historically reluctant to offer lossless streaming, which demonstrates a shift in consumer expectations. As Spotify is the leading streaming player with 155 million subscribers globally, it means that high-quality audio will finally be within reach of mainstream adoption.

Emerging MarketsMelissa FisherFebruary 25, 2021audio competition, Consumer Audio Market, Audio Streaming, Futuresource Consulting, COVID-19, HiFi